Rhong Khen International Bhd (XKLS:7006) Days Payable : 55.01 (As of Mar. 2024)

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What is Rhong Khen International Bhd Days Payable?

Rhong Khen International Bhd's average Accounts Payable for the three months ended in Mar. 2024 was RM61.5 Mil. Rhong Khen International Bhd's Cost of Goods Sold for the three months ended in Mar. 2024 was RM102.0 Mil. Hence, Rhong Khen International Bhd's Days Payable for the three months ended in Mar. 2024 was 55.01.

The historical rank and industry rank for Rhong Khen International Bhd's Days Payable or its related term are showing as below:

XKLS:7006' s Days Payable Range Over the Past 10 Years
Min: 32.95 Med: 41.77 Max: 52.64
Current: 45.37

During the past 13 years, Rhong Khen International Bhd's highest Days Payable was 52.64. The lowest was 32.95. And the median was 41.77.

XKLS:7006's Days Payable is ranked worse than
68.49% of 403 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 69.13 vs XKLS:7006: 45.37

Rhong Khen International Bhd's Days Payable declined from Mar. 2023 (55.81) to Mar. 2024 (55.01). It may suggest that Rhong Khen International Bhd accelerated paying its suppliers.

Rhong Khen International Bhd Days Payable Historical Data

The historical data trend for Rhong Khen International Bhd's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Rhong Khen International Bhd Days Payable Chart

Rhong Khen International Bhd Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

Get a 7-Day Free Trial

37.13

35.13

32.95

50.65

40.51

Rhong Khen International Bhd Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															55.81	38.16	41.75	45.11	55.01

Competitive Comparison of Rhong Khen International Bhd's Days Payable

For the Furnishings, Fixtures & Appliances subindustry, Rhong Khen International Bhd's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Rhong Khen International Bhd's Days Payable Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Rhong Khen International Bhd's Days Payable distribution charts can be found below:

* The bar in red indicates where Rhong Khen International Bhd's Days Payable falls into.

Rhong Khen International Bhd Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Rhong Khen International Bhd's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

	Days Payable (A: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2022 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (92.956	+	33.465)	/	2 )	/	569.579	*	365
=	63.2105					/	569.579	*	365
=	40.51

Rhong Khen International Bhd's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (63.457	+	59.571)	/	2 )	/	102.047	*	365 / 4
=	61.514					/	102.047	*	365 / 4
=	55.01

Rhong Khen International Bhd Days Payable Related Terms

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Rhong Khen International Bhd (XKLS:7006) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Rhong Khen International Bhd (XKLS:7006) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Batu 7¾ Jalan Kapar, Lot 3356, Kapar, SGR, MYS, 42200

Website

http://www.rkibhd.com

Rhong Khen International Bhd predominantly manufactures and distributes polyester boards, decorative wood panels, dining furniture, bedroom sets, and impregnated paper for domestic and export markets. It has three segments Manufacturing, Rental of investment properties and Investment holding. Majority of the revenue for the company is generated from its manufacturing segment.

Rhong Khen International Bhd (XKLS:7006) Headlines

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